If you buy stocks and then actively watch the price action day to day and get frustrated that you aren’t rich yet, you’re doing it wrong. SOFI is going to pay off, be patient.What's holding the stock back. Is it the student loan pause?Don't know if I've seen a company out performing on every metric, about to be earnings positive, insiders openly buying dips, major analysts singing their praises, and the stock just languishes. Market way up, Sofi up a little, Market down a little, Sofi down more. Somebody hates this stock.$SoFi Technologies Inc.(SOFI)$
SoFi Stock Could Head Back To Penny Stock TerritoryArtistGNDphotography$SoFi Technologies Inc.(SOFI)$ saw a significant increase in its stock price following the fintech's fourth-quarter earnings. SOFI stock is up 18% since earnings, owing primarily to investors' positive reaction to the adjusted EBITDA outlook.Having said that, I continue to consider SoFi Technologies to be hopelessly overpriced, given the fintech's inability to generate positive net income in the fourth quarter.While it is true that SOFI is experiencing strong customer interest and is successfully generating a large number of new accounts, I believe that SOFI's gains are not sustainable given the lack of underlying profitability, and I predict that SOFI will soon be a penny stock a
$Meituan(03690)$ Meituan swung to a profit in the third quarter, as the Chinese food-delivery company aggressively cut costs.The company, one of China's largest internet giants, posted a net profit of 1.22 billion yuan (US$170.6 million), compared with a loss of CNY9.99 billion in the same period last year.Revenue rose 28% to CNY62.62 billion, driven by solid growth in both its main "local commerce" segment, which includes food delivery and hotel businesses, and new businesses such as grocery delivery.Meituan stepped up its efforts to protect margins during the quarter, with operating profit more than doubling on year.
$OVERSEA-CHINESE BANKING CORP(O39.SI)$ Oversea-Chinese Banking Corporation, or OCBC, is a long-established bank and one of the three largest banks in Singapore. While OCBC was on an acquisition trail over the past two decades, we expect new acquisitions to be strategic bolt-ons going forward. The bank is targeting acquisitions in the banking, insurance, and wealth management segments. Prudent valuation, a focus on forming partnerships, and seeking targets with similar cultures are key considerations. Previous acquisitions expanded the bank's geographical presence and strengthened its capabilities. The bank’s private bank division, Bank of Singapore, was established by the acquisition of ING’s private bank as the latter exited the Asia region